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Strategies & Market Trends : The Stock Market Bubble
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To: Box-By-The-Riviera™ who wrote (1570)9/8/1998 9:58:00 AM
From: yard_man  Read Replies (1) of 3339
 
I think the market is doomed with/without rate cut. Announcement was made to stem the slide or slow it. Lotsa luck -- don't buy into the bull hockey. Greenspan did not say the FRB was cutting rates, just indicated the possibility. If you read the full text of what he said you will get a different idea. This rally will be a one or two day wonder at most, IMO. FWIW, even if it is not much.
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